Montpelier Lumber Corp. reported the following information. Compute the following for each year, 20092011. 1. Return on

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Montpelier Lumber Corp. reported the following information.

Compute the following for each year, 2009â€“2011.
1. Return on equity
2. Times interest earned (ignore income taxes)
3. Earnings per share
4. Dividend payout ratio
5. Price-earnings ratio
6. Book-to-marketratio

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 29, 2012 01:14 AM

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Montpelier Lumber Corp. reported the following information. Compute the following for each year, 20092011. 1. Return on

Question:

2011 2010 2009 8% bonds payable Common stock, $I par Additional paid-in capital Retained earnings Net income Dividends Year-end stock price per share s 800.000800.000 800,000 220,000 2,000,000 430,000 1430,000 00.000 90,000 40,000 12 250,000 200,000 90,000 220,000 150,000 110,000 190.000 60000 25

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